Loan Checklist

Please provide the following information for your loan application:

Income Information

  • Salaried

o    current months pay stub(s)

o     last 2 years W-2’s (2012 and 2011)

o     last 2 years personal tax returns; all pages (1040’s for 2012 and 2011)

  • Self-Employed

o    last 2 years Corporate/Partnership tax returns; all pages (1120/1065/K-1’s)

o    last 2 years personal tax returns; all pages (1040’s for 2012 and 2011)

  • Copy of all Pension Statements, “Award” Letter, etc. (if applicable)
  • Copy of Social Security Annual “Award” Letter, Statement, etc. (if applicable)

Bank Account Information

  • Last 2 months of statements for all accounts; all pages

(checking, IRA, money market, mutual funds, savings, stock and 401k accounts)

Additional Information

  • Copy of current loan statement for 1st TD and 2nd TD or rental history for the last 2 years
  • Copy of photo ID for all borrowers
  • Copy of homeowner’s insurance declaration page showing annual $ amount

(or name and telephone # of insurance agent)

  • Copy of Purchase Agreement (if applicable)
  • Copy of Divorce decree; all pages (if applicable)
  • Copy of Bankruptcy discharge papers (if applicable)
  • Explanation Letter à for any late payments, collections, etc. (if applicable)